United States

Nevada Copper Corp (NEVDF.PK)

NEVDF.PK on OTC Markets Group - US Other OTC and Grey Market

25 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Nevada Copper Corp announces Red Kite funding commitment and equity financing terms
Friday, 27 May 2016 08:51am EDT 

Nevada Copper Corp : Nevada Copper announces Red Kite funding commitment and equity financing terms . Red Kite has waived existing defaults under its loan facility with company and lifted forbearance . Terms of its previously announced public offering of subscription receipts are to be changed to a common share offering . Red Kite will advance to company an additional $3 million draw under current loan facility .Intends to raise aggregate of up to CDN$4 million by issuance of aggregate of up to 6.7 million common shares at purchase price of CDN$0.60per share.  Full Article

Nevada Copper Corp forms strategic alliance with NV Energy on solar development opportunity
Thursday, 11 Feb 2016 07:31am EST 

Nevada Copper Corp:Agreement with nv energy to conduct study of potential to develop solar energy generation project on co's privately-owned land.  Full Article

Nevada Copper Corp acquires private land
Tuesday, 13 Oct 2015 08:00am EDT 

Nevada Copper Corp:Acquires private land & completes federal land acquisition.Received a deed of sale and completed its federal land acquisition, acquiring 9,145 acres of land from the city of yerington.Owns or controls 10,683 acres of land that encompasses 100% of proposed 70,000 tons per day pumpkin hollow project development.  Full Article

Nevada Copper Corp closes $200 million loan facility
Tuesday, 30 Dec 2014 04:46pm EST 

Nevada Copper Corp:Closes $200 mln senior secured loan facility and copper concentrate off-take agreement with RK Mine Finance.This Loan Facility replaces the Company's previous loan facility entered into on March 28, 2013.Net proceeds from the initial $90 mln drawdown on closing will be used for purposes of repaying the Previous Facility and advancing underground mine on Nevada Copper's 100 pct wholly owned Pumpkin Hollow copper project located near Yerington, Nevada.  Full Article

Nevada Copper Corp Closes $20 mln bridge loan facility
Tuesday, 26 Aug 2014 11:37am EDT 

Nevada Copper Corp:Announces that it has closed a $20 million bridge loan facility with Pala Investments Limited.Initial term of the facility is four months, with up to two additional two month extensions.Facility will be drawn in $5 million tranches.Annual interest rate is 10 pct and with a 2.7 pct arrangement fee payable during the initial term.Facility is secured against the company's assets, but is subordinate to the security granted in connection with the $200 million senior credit facility announced by the company on March 28, 2013.  Full Article